Is Lantana, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Lantana was a Seller's Market.
Housing Prices in Lantana, FL
How much do homes in Lantana, FL cost?
Median Sold Price
$395,000
$317/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Lantana was $395,000 in June 2024, up 12.9% from last year, and the median price per square foot was $317.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $166.5K | $176.5K | +6.0% |
2 Bedrooms | $310K | $299.9K | -3.3% |
3 Bedrooms | $394K | $430K | +9.1% |
4 Bedrooms | $435K | $524K | +20.5% |
5+ Bedrooms | $10.7M | $11.5M | +7.2% |
Summary: Lantana housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6%, 2 bedroom homes decreased by 3.3%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 20.5%, and 5+ bedroom homes increased by 7.2%.
Median Sold Price Compared To Nearby Cities
Lantana | $350K | $395K | +12.9% |
South Palm Beach | $424.1K | $457.5K | +7.9% |
Lake Worth | $424.9K | $454.4K | +6.9% |
Hypoluxo | $395K | $375K | -5.1% |
Housing Supply in Lantana, FL
How many homes are available in Lantana, FL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
134 | 135 | +0.7% |
Summary: The Lantana real estate market had 135 homes for sale in June 2024, a 0.7% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 23 | 18 | -21.7% |
2 Bedrooms | 45 | 50 | +11.1% |
3 Bedrooms | 41 | 42 | +2.4% |
4 Bedrooms | 10 | 10 | 0.0% |
5+ Bedrooms | 15 | 15 | 0.0% |
Summary: The Lantana housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 21.7%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 2.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
24 | 16 | -33.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Lantana in June 2024, down by 33.3% month-over-month. Of the 16 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for Lantana, FL
How long does it take to sell a home in Lantana, FL?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
46 Days | 55 Days | +20.2% |
Summary: Homes in Lantana had an average of 55 days on market in Jun 2024, up by 20.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During June 2024, 16 homes were sold in Lantana; 44% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.